How can a newbie make their first million in the crypto world?
Don't start with the goal of ten million; the first step in the crypto circle is to earn 1 million! With this amount, even just holding spot positions for a 20% return is enough to outdo an ordinary person working a whole year.
Surviving in this circle all these years, it's not about earning tiny bits daily, but about breaking down compound interest into several explosive roll-over hits: practice with small positions during normal times, and when a signal appears, push the Italian cannon, and always roll more, never roll empty.
What does the signal look like? 1. Long consolidation after a sharp decline, followed by a sudden volume surge and breakout upward, indicating a trend reversal is confirmed. 2. The daily chart breaks above key moving averages, with volume and price rising together, showing market sentiment is turning warmer. 3. No buzz on hot searches, retail investors still complaining, while the main force quietly builds positions.
How exactly to operate? Take a 50,000 yuan principal as an example: First, this 50,000 should be profits from previous trades; stop-loss to recover initial capital, then discuss rolling positions.
Use isolated margin mode, with a maximum total position of 10%, leverage not exceeding 10x, so the actual leverage is about 1x. Set stop-loss at 2% for safety.
After breaking out, add to positions for the first time, wait for the price to rise by 10%, then use 10% of the newly gained profit to open a position, maintaining a 2% stop-loss at all times.
Never go all-in, add-on, or hold against the trend throughout the process. When hitting the stop-loss, shut down and save bullets for the next opportunity.
A 50% main wave of upward movement, with compound interest, can reach 200,000. Catching two such waves is enough for 1 million. In fact, just three or four such cycles in a lifetime can turn 50,000 into 1 million and then 10 million, allowing you to retire.
Finally, remember this risk control mantra:
1️⃣ Don't roll in sideways, downtrends, or news-driven coins.
2️⃣ When the principal is exhausted, only the isolated margin is lost; other funds are automatically locked, preventing total account liquidation.
3️⃣ During rolling, withdraw 30% of profits to secure gains for buying a house or car. Don't let greed turn against you.
Ultimately, rolling isn't gambling; it's waiting for opportunities. When the chance comes, roll; if not, lie low. Better to miss opportunities than operate recklessly.
Once you genuinely roll into your first million, you'll naturally understand position sizing, emotions, and cycles. The rest is just copying and pasting.
This market works that way—opportunities are reserved for those prepared. Fellow crypto friends, work hard, follow @Fangpian9♦️, and stay on the right path!
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How can a newbie make their first million in the crypto world?
Don't start with the goal of ten million; the first step in the crypto circle is to earn 1 million! With this amount, even just holding spot positions for a 20% return is enough to outdo an ordinary person working a whole year.
Surviving in this circle all these years, it's not about earning tiny bits daily, but about breaking down compound interest into several explosive roll-over hits: practice with small positions during normal times, and when a signal appears, push the Italian cannon, and always roll more, never roll empty.
What does the signal look like?
1. Long consolidation after a sharp decline, followed by a sudden volume surge and breakout upward, indicating a trend reversal is confirmed.
2. The daily chart breaks above key moving averages, with volume and price rising together, showing market sentiment is turning warmer.
3. No buzz on hot searches, retail investors still complaining, while the main force quietly builds positions.
How exactly to operate?
Take a 50,000 yuan principal as an example:
First, this 50,000 should be profits from previous trades; stop-loss to recover initial capital, then discuss rolling positions.
Use isolated margin mode, with a maximum total position of 10%, leverage not exceeding 10x, so the actual leverage is about 1x. Set stop-loss at 2% for safety.
After breaking out, add to positions for the first time, wait for the price to rise by 10%, then use 10% of the newly gained profit to open a position, maintaining a 2% stop-loss at all times.
Never go all-in, add-on, or hold against the trend throughout the process. When hitting the stop-loss, shut down and save bullets for the next opportunity.
A 50% main wave of upward movement, with compound interest, can reach 200,000. Catching two such waves is enough for 1 million. In fact, just three or four such cycles in a lifetime can turn 50,000 into 1 million and then 10 million, allowing you to retire.
Finally, remember this risk control mantra:
1️⃣ Don't roll in sideways, downtrends, or news-driven coins.
2️⃣ When the principal is exhausted, only the isolated margin is lost; other funds are automatically locked, preventing total account liquidation.
3️⃣ During rolling, withdraw 30% of profits to secure gains for buying a house or car. Don't let greed turn against you.
Ultimately, rolling isn't gambling; it's waiting for opportunities. When the chance comes, roll; if not, lie low. Better to miss opportunities than operate recklessly.
Once you genuinely roll into your first million, you'll naturally understand position sizing, emotions, and cycles. The rest is just copying and pasting.
This market works that way—opportunities are reserved for those prepared. Fellow crypto friends, work hard, follow @Fangpian9♦️, and stay on the right path!